Toyota, Nissan maintain growth; Honda volume drops again
Automotive News China
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2018/8/14
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Toyota Motor Corp. and Nissan Motor Co. continued to record sales gains in July, but Honda Motor Co.¡¯s China deliveries remained weaker.
Among the three largest Japanese carmakers, Toyota is the only one that does not disclose sales results in China. But according to the China Passenger Car Alliance, a Shanghai consultancy, Toyota¡¯s China deliveries advanced 17 percent year on year to roughly 127,400 in July.
Toyota¡¯s gain was led by the Camry sedan and the RAV4 crossover last month: Camry deliveries soared 107 percent to 15,458 while RAV4 sales surged 29 percent to 12,329.
Nissan¡¯s China sales increased 2 percent to 106,859 behind demand for multiple crossovers -- the X-Trail, Kicks, Qashqai and Murano. Combined deliveries of the four crossovers rose 10 percent to 31,596, Nissan said.
But Honda continues to lose market share due to weak consumer demand for compact sedans such as the Spirior, Jade, Greiz and Gienia.
Honda sales fell 7.8 percent to 105,960 in July. During the month, sales of the Gienia, Greiz, Spirior and Jade slumped 77 percent, 75 percent, 54 percent and 40 percent, respectively.
In the first seven months, Toyota¡¯s China sales rose 10 percent to around 807,400 while Nissan deliveries advanced 9.5 percent to 827,306. By contrast, Honda sales dropped 6.6 percent to 715,060.
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